Anschutz to settle charges over IPO profits
Billionaire and KU benefactor Philip Anschutz agreed to disgorge 4.4 million in IPO profits and donate an equivalent amount to charity to settle New York Attorney General Eliot Spitzer's case alleging improper IPO spinning. The settlement, not admitting liability, also funds 6 New York law school securities arbitration clinics and $3.2 million to nonprofits.
MENTIONED IN THIS ARTICLE
Philip Anschutz
Qwest Communications
Kansas University
New York
Citigroup
Anschutz
Spitzer
Telecommunications
Business School
Marian
Fred Anschutz
Lawrence
New York State
Atty
Eliot Spitzer
Forsee Replaces Esrey as Sprint PCS Chair and Officers Named
Sprint of PCS appoints Forsee as chairman replacing Esrey. Three new officers introduced: Howard Janzen, Michael Stout, and Bruce Hawthorne. Shareholders approve a golden parachute proposal despite objections. audit issues with Ernst & Young to be considered. About 60 percent vote to keep EY as auditor.
MENTIONED IN THIS ARTICLE
Forsee
Esrey
Sprint
PCS
Amalgamated Bank
LongView
Melissa Moye
Amalgamated
Trust and Investment Services Group
Ernst & Young
Bush seeks action over EU biotech trade spat
The United States criticizes EU limits on biotech foods amid strained trade relations after the Iraq war debate. EU officials warn the move could worsen diplomacy. and U S corn exports to the EU have fallen from 63 million to 12.5 million dollars. Biotech crops are widely grown in the United States with 38 percent of corn and 80 percent of soybeans engineered to withstand Roundup.
MENTIONED IN THIS ARTICLE
U.S
Iraq
Europe
Margo Wallstrom
European Union
United States
Mary Kay Thatcher
American Farm Bureau Federation
Monsanto
Agriculture Department
Biotech
Country club pool aims to boost membership and spending
Alvamar Country Club reports steady membership around 600 despite a decline in per member spending on meals and activities. Club officials cite the economy and war-time stress as factors, noting individuals treat the club as a home-like relief valve while corporations cut expenses.
MENTIONED IN THIS ARTICLE
Singerling
Lawrence
Alvamar Country Club
Crossgate Drive
Tony Portela
Alvamar
Grain and soy futures rise slightly on delayed CBOT session
On Tuesday the Chicago Board of Trade saw mixed gains in wheat corn and soybeans after a two hour delay caused by technical issues during the switchover to a new trade management system. Prices edged higher with no heavy fund buying, while live cattle and hog futures also moved in training with mixed direction. Local elevators posted modest price quotes for wheat corn and soybeans in Ottawa Edgerton Overbrook and other markets.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Exchange
Board of Trade
Plitches
Chicago Mercantile Exchange
Also Mentioned on This Page
Wall Street
Bush
EU Biotechnology
Country Club
Chad Lawhar
Oofifice
XEROX
Data Systems Inc
Massachusetts
Oye
Gateway Auto
Ottawa Cooperative Assn
Ottawa
Edgerton
Milo
Overbrook
Midland
Lawrence North
Lawrence South
Pauline
London Metal Exch
London
W. 6Th St. Lawrence Medical Plazas
Reas
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